Form 4: Amentum Holdings Executive Chair Steven Demetriou Acquires Restricted Stock Units

Steven J. Demetriou, Executive Chair of Amentum Holdings, reports the acquisition of 43,396 Restricted Stock Units (RSUs) that will vest on November 17, 2025.

Summary

• Steven J. Demetriou, the Executive Chair of Amentum Holdings, Inc., filed a Form 4 disclosing a transaction involving Restricted Stock Units (RSUs).
• On October 2, 2024, Demetriou acquired 43,396 RSUs, which were converted from RSUs originally granted by Jacobs Solutions Inc.
• The conversion was executed according to the Employee Matters Agreement between Jacobs, Amentum, and Amentum Parent Holdings LLC.
• The conversion ratio was based on Jacobs' closing price on September 27, 2024, divided by Amentum's volume-weighted average price from September 30 to October 2, 2024.
• The acquired RSUs will vest in full on November 17, 2025, contingent upon Demetriou's continued service.

Sentiment

Score: 6

Explanation: Neutral sentiment as it's a standard insider transaction filing. The RSU acquisition is a positive sign, but it's not a major event.

Positives

• The acquisition of RSUs by the Executive Chair demonstrates confidence in the company's future.

Future Outlook

The RSUs will vest on November 17, 2025, contingent upon the reporting person's continued service.

Industry Context

Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.

Key Dates